v2.4.0.8
Condensed Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash $ 15,793 $ 16,216
Accounts receivable 13,792 13,735
Total current assets 29,585 29,951
Investments in mineral properties, net of accumulated amortization of $185,457 and $132,499, respectively 400,000 1,582,324
Capitalized financing costs, net of amortization of $63,215 and $6,737, respectively 146,861 41,263
Total assets 576,446 1,653,538
Current liabilities:    
Accounts payable and other liabilities 885,746 568,188
Short term note from officer 0 39,200
Notes payable, net of discount of $291,586 and $0 as of December 31, 2013 and 2012, respectively 1,014,722 0
Accrued interest 169,030 41,073
Total current liabilities 2,069,498 648,461
Long term liabilities:    
Note payable, net of discount of $0 and $178,471 as of December 31, 2013 and 2012, respectively 0 992,835
Total long term liabilities 0 992,835
Total liabilities 2,069,498 1,641,296
Stockholders' equity (deficit):    
Common stock, $0.001 par value, 200,000,000 shares authorized, 101,325,435 and 47,620,406 shares issued and outstanding as of December 31, 2013 and 2012, respectively 101,326 47,621
Common stock to be issued; 14,480,278 and 6,423,708 shares as of December 31, 2013 and 2012, respectively 14,480 6,424
Additional paid-in capital 14,835,983 13,731,097
Accumulated comprehensive gain (loss) 0 4,706
Accumulated deficit (16,444,841) (13,777,606)
Total stockholders' equity (deficit) (1,493,052) 12,242
Total liabilities and stockholders' equity (deficit) $ 576,446 $ 1,653,538